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previously i have got inapproperiot answer so don't use chatgpt give solution in good manner 3. See the table below. Real GDP Consumption Planned Government
previously i have got inapproperiot answer so don't use chatgpt give solution in good manner
3. See the table below. Real GDP Consumption Planned Government Net Planned Unplanned (Y) (C) Investment Purchases Exports Aggregate Change in (1) (G) (NX) Expenditures Inventories (AE] $7,000 $6,200 $900 $700 -$500 $8,000 $7,100 $900 $700 -$500 $9,000 $900 $700 -$500 $10,000 $900 $700 -$500 $11,000 $900 $700 $500 a. Fill in the missing values in the table. Assume the value of the MPC does not change as real GDP changes. (2 points) b. What is the value of the MPC? (1 point) c. What is the value of equilibrium GDP? (1 point)Step by Step Solution
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